NOT LISTED FOR SALE

1520 S Lee Hwy Lexington, VA 24450

Estimated Value: $501,000 - $820,320

4 Beds
1 Bath
2,016 Sq Ft
$328/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $250,000 $124 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,896/month

362 Days on Market

About This Home

As of November 2019

59.66 acres of rolling pasture with barn and accessory buildings makes this property appealing for all your livestock needs. Circa 1840s 2-story Valley Farmhouse awaits your TLC. Over 2,000sqft offers lots of space with 4-bedrooms, large living room and eat in kitchen. Pine floors and period woodwork throughout. Generous, covered-front porch and enclosed-rear porch. Whether you're looking for an investment or a place to call your own, don't miss out on the chance to own a piece of Rockbridge County history.THIS PROPERTY IS UNDER CONTRACT WITH CONTINGENCIES. PLEASE CONTINUE TO SHOW.

Last Agent to Sell the Property

Lana Nicely

Flint Realty LLC Listed on: 10/24/2018

Last Buyer's Agent

Non Member

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,550

Year Built

1840

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington Rt 11/S Lee Hwy to property on the right.
  • HistoricProperty: No
  • Listing Member Name: Lana H Nicely
  • Listing Office Short Id: 86
  • Open House Office I D: 20061211170240485629000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 2016.00
  • Year Built: 1840
  • Taxes Dollars: 2565.22
  • TotalAcresApx: 59.66
  • 1StFloorMstrBdrm: No
  • Total Assessed Value: 351400.00
  • PorchDeckPatioPorch: Front
  • Building Style: Farm House
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Cellar
  • Full Bathrooms: 1.00
  • Dining Room Features Other: some repl windows
  • Flood Zone Other: Not in floodway
  • Updated Floor: Vinyl, Wood
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace Other: mantels w/closed FPs
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Chickens Permitted, Horses Permitted, Porch-Enclosed, Porch-Front, Porch-Side, Shed, Sidewalks, View - Mountains
  • Road Frontage: State Road
  • Roof: Metal
  • Street: Lee
  • Tax Rate: 0.73
  • Flood Zone: SW
  • Out Buildings: Barn(s)
  • Fencing: Perimeter
  • Topography: Pasture, Rolling, Views
  • Exterior Features: Barn, Garden Space, Porch, Storage Shed, Sunrise View, Sunset View

Garage/Parking

  • Garage Spaces: Detached

Utilities

  • Cooling: No Cooling System
  • Heating: Forced Air, Oil
  • Sewer: Existing Septic
  • Water: Cistern
  • Water Heater: Electric

Schools

  • Elementary School: Central
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: Yes
  • Zoning: Agricultural
  • Best Use: Grazing, Investment, Residential
  • Current Use: Grazing, Investment, Residential

Tax Info

  • Tax Map Number: 87-2-2 & 87-2-2B
  • Tax Year: 2019

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Matuszewski John $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $250,000 -15.3% $124 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $295,000 -- $146 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,550 $706,400 $245,800 $460,600
2023 $3,550 $706,400 $245,800 $460,600
2022 $1,103 $277,600 $200,800 $76,800
2021 $1,083 $277,600 $200,800 $76,800
2020 $1,083 $277,600 $200,800 $76,800
2019 $1,069 $305,000 $228,200 $76,800
2018 $1,025 $305,000 $228,200 $76,800
2017 $1,025 $305,000 $228,200 $76,800
2016 $1,082 $275,800 $198,200 $77,600
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lana Nicely

    Flint Realty LLC

    (540) 377-6380

    48 in this area

    142 Total Sales

    Lana Nicely
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 133525

APN: 87-2-2

Virginia Rockbridge County Lexington 24450

1520 S Lee Hwy, Lexington, VA

This home is located at 1520 S Lee Hwy, Lexington, VA 24450 since 24 October 2018 and is currently estimated at $660,660, approximately $327 per square foot. This property was built in 1840. 1520 S Lee Hwy is a home located in Rockbridge County with nearby schools including Rockbridge County High School and Earthsong Community School.

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